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Consolidated Statements Of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Feb. 28, 2023
SALES AND OPERATING REVENUES:      
NET SALES AND OPERATING REVENUES $ 26,353,420 $ 26,536,040 $ 29,684,873
TOTAL COST OF SALES 23,455,519 23,822,831 26,884,670
GROSS PROFIT  2,897,901 2,713,209 2,800,203
CARMAX AUTO FINANCE INCOME  581,749 568,271 663,404
Selling, General and Administrative Expense 2,435,404 2,286,378 2,487,357
Depreciation, Depletion and Amortization, Nonproduction 255,321 239,028 228,449
Interest expense 107,941 124,750 120,398
Nonoperating Income (Expense) 11,624 (10,271) (9,401)
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 669,360 641,595 636,804
Income tax provision 168,804 162,391 152,042
Net earnings $ 500,556 $ 479,204 $ 484,762
Basic (in shares) 155,330 158,216 158,800
Diluted (in shares) 156,061 158,707 159,771
Basic (in dollars per share) $ 3.22 $ 3.03 $ 3.05
Diluted (in dollars per share) $ 3.21 $ 3.02 $ 3.03
Used vehicle sales      
SALES AND OPERATING REVENUES:      
NET SALES AND OPERATING REVENUES $ 21,079,654 $ 20,922,279 $ 23,034,286
TOTAL COST OF SALES 19,256,483 19,170,320 21,186,135
Wholesale vehicle sales      
SALES AND OPERATING REVENUES:      
NET SALES AND OPERATING REVENUES 4,587,457 4,975,802 5,989,796
TOTAL COST OF SALES 4,029,876 4,419,044 5,399,969
Other sales and revenues      
SALES AND OPERATING REVENUES:      
NET SALES AND OPERATING REVENUES 686,309 637,959 660,791
TOTAL COST OF SALES $ 169,160 $ 233,467 $ 298,566
NET SALES AND OPERATING REVENUES      
Percentage of Sales      
Item as a percent of net sales and operating revenues 100.00% 100.00% 100.00%
TOTAL COST OF SALES      
Percentage of Sales      
Item as a percent of net sales and operating revenues 89.00% 89.80% 90.60%
GROSS PROFIT       
Percentage of Sales      
Item as a percent of net sales and operating revenues 11.00% 10.20% 9.40%
CARMAX AUTO FINANCE INCOME       
Percentage of Sales      
Item as a percent of net sales and operating revenues 2.20% 2.10% 2.20%
Selling, general and administrative expenses      
Percentage of Sales      
Item as a percent of net sales and operating revenues 9.20% 8.60% 8.40%
Depreciation and Amortization      
Percentage of Sales      
Item as a percent of net sales and operating revenues 1.00% 0.90% 0.80%
Interest expense      
Percentage of Sales      
Item as a percent of net sales and operating revenues 0.40% 0.50% 0.40%
Other (income) expense      
Percentage of Sales      
Item as a percent of net sales and operating revenues 0.00% 0.00% 0.00%
Earnings before income taxes      
Percentage of Sales      
Item as a percent of net sales and operating revenues 2.50% 2.40% 2.10%
Income tax provision      
Percentage of Sales      
Item as a percent of net sales and operating revenues 0.60% 0.60% 0.50%
NET EARNINGS       
Percentage of Sales      
Item as a percent of net sales and operating revenues 1.90% 1.80% 1.60%
NET SALES AND OPERATING REVENUES | Used vehicle sales      
Percentage of Sales      
Item as a percent of net sales and operating revenues 80.00% 78.80% 77.60%
NET SALES AND OPERATING REVENUES | Wholesale vehicle sales      
Percentage of Sales      
Item as a percent of net sales and operating revenues 17.40% 18.80% 20.20%
NET SALES AND OPERATING REVENUES | Other sales and revenues      
Percentage of Sales      
Item as a percent of net sales and operating revenues 2.60% 2.40% 2.20%
TOTAL COST OF SALES | Used vehicle sales      
Percentage of Sales      
Item as a percent of net sales and operating revenues 73.10% 72.20% 71.40%
TOTAL COST OF SALES | Wholesale vehicle sales      
Percentage of Sales      
Item as a percent of net sales and operating revenues 15.30% 16.70% 18.20%
TOTAL COST OF SALES | Other sales and revenues      
Percentage of Sales      
Item as a percent of net sales and operating revenues 0.60% 0.90% 1.00%